Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 04, 2012 |
referred to finance |
Apr 06, 2011 |
referred to finance |
Senate Bill S4476
2011-2012 Legislative Session
Sponsored By
(R, C) 7th Senate District
Archive: Last Bill Status - In Senate Committee Finance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2011-S4476 (ACTIVE) - Details
- Current Committee:
- Senate Finance
- Law Section:
- State Finance Law
- Laws Affected:
- Add §92-o, St Fin L; add Art 13-A §190, Civ Serv L
2011-S4476 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4476 TITLE OF BILL: An act to amend the state finance law and the civil service law, in relation to government employee benefit payments PURPOSE OR GENERAL IDEA OF BILL: This bill requires the state of New York (by means of implementation of the president of the civil service commission), to establish and collect a non wage benefit contribution fee, from all their government employees, equal to 5% of an employee's salary. The proceeds of such fee would be deposited into a state fund, under the joint custody of the comptroller and the president of civil service. Disbursements from the fund would be paid at the direction of the governing body of the municipal corporation, or the president of civil service for the state, for any non wage benefit cost incurred by such government. SUMMARY OF SPECIFIC PROVISIONS: Section 1 - Legislative findings and declarations. Section 2 - Adds §92-o to the State Finance Law creating the Government employee benefit fund and the special accounts of New York
2011-S4476 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4476 2011-2012 Regular Sessions I N S E N A T E April 6, 2011 ___________ Introduced by Sen. MARTINS -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law and the civil service law, in relation to government employee benefit payments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings and declarations. The legislature hereby finds and determines that real property taxes in New York state are too high, and that the burden that they place upon our citizens, homeowners and businesses, is making it difficult for New York state to thrive, prosper and succeed. The legislature further finds and determines that the only way to realistically reduce the real property tax burden upon our citizens, homeowners and businesses, is to place a comprehensive approach in state law which controls costs and spending for local governments, and provides significant mandate relief with respect to their fiscal obli- gations. The legislature additionally finds and determines that a comprehensive approach of capping property taxes, controlling governmental employee benefit costs, and providing significant mandate relief to local govern- ments will promote the controlling of the cost and spending for local governments, as well as helping to provide significant mandate relief with respect to their future fiscal obligations. The legislature finally finds and determines that this act seeks to be a part of a comprehensive approach to reduce real property taxes across the state by controlling of governmental employee benefit costs and the provision of significant mandate relief to local governments. S 2. The state finance law is amended by adding a new section 92-o to read as follows: S 92-O. STATE GOVERNMENT EMPLOYEE BENEFIT FUND. 1. THERE IS HEREBY CREATED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE PRESIDENT EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10712-01-1
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